If p units of an item are sold for q dollars per unit, the revenue is R= pq. Use this idea to analyze the following problem, working Exercises 57-60 in order The manager of an 100-unit apartment complex knows from experience that at a rent of $300, all the units will be full. On the average, one additional unit will remain vacant for each $20 increase in rent over $300. Furthermore, the manager must keep at least 40 units rented due to other financial considerations. Currently, the revenue from the complex is $56,000. How many apartments are rented? 57. Suppose that x represents the number of $20 increases over $300. Represent the number of apartment units that will be rented in terms of x (Simplity your answer.)
If p units of an item are sold for q dollars per unit, the revenue is R= pq. Use this idea to analyze the following problem, working Exercises 57-60 in order The manager of an 100-unit apartment complex knows from experience that at a rent of $300, all the units will be full. On the average, one additional unit will remain vacant for each $20 increase in rent over $300. Furthermore, the manager must keep at least 40 units rented due to other financial considerations. Currently, the revenue from the complex is $56,000. How many apartments are rented? 57. Suppose that x represents the number of $20 increases over $300. Represent the number of apartment units that will be rented in terms of x (Simplity your answer.)
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CR: Review Problem Set
Problem 50CR
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